Ok, since the trading week is over, i have a question to ponder over the weekend.
I have been trading for nearly a year, and am fairly confident. I have just over 7k portfolio (only a student) and my question is this:
As my portfolio grows, ie through gains or as i add to it (i usually add 2k a yr), should i continue to spread out across different stocks or should i consolidate my positions in current stocks?
I know that a smaller portfolio is easier to manage but i love analysisng other stocks, and feel that it is a shame to not be in ones that i believe have real potential. so its not really a matter of protecting myself, more a matter of being exposed to more opportunities. although buying and holding small parcel sizes can be frustrating getting small returns.
Its a tough one and i usually hold with a mid - long term view just so you know.